Former US President Donald Trump stated that oil prices are expected to drop following the resolution of the conflict with Iran. This forecast comes as global benchmarks, including Brent crude, have recently moved above $100 per barrel due to regional market volatility.
Market participants are currently maintaining a cautious outlook regarding future price trends. Data shows that the probability of crude oil hitting a new all-time high by September 30 has declined to 0.5 percent, while the likelihood for December 31 has dropped to 10.5 percent.
Analysts are focusing on potential de-escalation signs in the Middle East as a key factor for future price expectations. Additionally, the market is monitoring production decisions and forecasts from major entities such as OPEC and the International Energy Agency.
